Small Business Advocate Says President Doesn't Understand
"Small business owners feel they are under siege from Washington, and at a moment in time when they are facing the most difficult period in the history of their businesses," said Kerrigan. "Unfortunately, the small business lending bill is not an ample policy solution to leverage the potential of America's small business sector. The concerns and needs of most business owners go much deeper, and this legislation does not address broader issues related to taxes, regulations and excessive spending which threaten to aggravate currently poor economic conditions. At the end of the day, proposed tax hikes along with legislation and regulatory initiatives in the pipeline will drive business costs higher and drain more private capital from our economy. Anti-growth policies have led to low confidence among our nation's entrepreneurs, and it will not get better unless Washington backs off the never-ending stream of proposed tax hikes and intrusive policies that threaten all industries and all businesses," Kerrigan added.
- People:
- Barack Obama
- Karen Kerrigan
- Places:
- America
- Washington